Cafemutual is a meeting point for all mutual fund professionals. So whether you are a self-employed independent financial advisor (IFA) or a hot-shot private banker with a big bank or a CEO of an AMC or a back office girl, we have something for you. To ensure that you have a productive and enriching experience at our site, spend a few minutes on this guide.
The Cafemutual Charter
What can you expect to see here?
Stay ahead of all the developments taking place in the Indian mutual fund industry. What’s more, all news is presented so that you find it relevant and useful. So whether it is industry news or NFO news or AMC specific news or the latest rankings and awards, expect to see it all here.
Get clarity on the broader issues and trends affecting your business
Benefit from the experience of your fellow IFAs as they share their success stories and best practices
There is a wide range of powerful applications and tools to make you more productive. Upload client portfolios, organise your meetings, compare funds, select funds, research funds…
You will find all the market commentaries and fact sheets of all the fund houses in this section. You can access these reports of all asset classes of any frequency (daily, weekly, monthly) of your choice.
This is the section where we try to address the concerns and issues of our visitors. You could post a query, remove your doubts or just seek more information by writing to us.
You can download the application forms of any fund house here.
Look up these directories when you want to locate addresses and contact details of the offices/ branches of AMCs, R & Ts, trainers, custodians, AMFI and SEBI.
Want to see something that is not there now? Have a suggestion on a topic or a subject? Encountered a technical glitch? Speak up and share. Send us your suggestions and feedback to prem@cafemutual.com. We will be delighted to hear from you!
Close
53% of actively managed equity funds have failed to beat S&P CNX Nifty, a benchmark index for large cap companies, shows a CRISIL study released today. However, in 2011, 65% large cap funds produced higher returns than the S&P CNX Nifty.
Similarly about 58% of diversified funds underperformed the S&P CNX 500 over the past five years but in 2011, 54% of diversified funds were able to beat the index. The story is similar for ELSS and balanced funds.
MIPs, gilt and debt funds (which invest in corporate debt) on the other hand have outperformed their benchmarks over a five year period.
“The Indian mutual fund industry is going through a consolidation phase. None of the categories had a 100% survivorship over the past five years indicating mergers across categories. Among funds, diversified equity funds had the lowest survivorship in the one and five-year periods, while balanced funds had the lowest survivorship in the three year period,” said Tarun Bhatia, Director Capital Markets at CRISIL Research.
“The latest Standard & Poor’s Index Versus Active Funds (SPIVA) scorecard for India highlights the difficulty of picking consistently successful stocks in volatile market conditions, with the majority of active managers underperforming their benchmarks over the latest five-year period,” said Simon Karaban, Director at S&P Indices.
Percentage of funds outperformed by the benchmark
Fund category
Benchmark index
1-year
3-year
5-year
Large Cap
S&P CNX Nifty
35.29
59.26
52.63
Diversified
S&P CNX 500
46.26
45.83
57.83
ELSS
27.78
48.48
Balanced
CRISIL BalanCEX
68.97
51.61
68.75
MIP
CRISIL MIPEX
55.56
40.43
48.94
Gilt
CRISIL Gilt Index
38.24
54.55
46.88
Debt
CRISIL CompBEX
32.69
70.21
41.86